DTG Projects Strong Revenue Growth in 2004

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. last week announced the company is seeing strong rental revenue growth in a continuing soft pricing environment. Improving travel conditions and franchise acquisitions are driving higher rental day volume, although pricing is still down slightly as compared to the 2003 first quarter.

"While we expect a slight increase in pricing in the second quarter from first quarter levels, we are not yet seeing an increase on a year-over-year basis," said Gary L. Paxton, president and CEO. "However, we expect rental volume to remain strong."

The company plans to further discuss the outlook for 2004 during its earnings announcement on April 29.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.